Heidi Banak

Hotel News Now reports that as Marriott negotiates with Expedia, the industry awaits the future of OTA’s continued impact. Published by: Terence Baker/Hotel News Now Published date: January 2019 This could be the year in which the newly enlarged mega-hotel companies push back against online travel agencies to secure lower commissions and greater margins, according to

A recent article in the Wall Street Journal highlighted the continued rise in resort fees across all sectors of the hotel landscape. Though in the past, these fees were typically only assessed at resort locations, they are increasingly being deployed in urban and suburban market as “facility” or “destination” fees to cover the cost associated

Maryland may be home to the next Great Wolf Lodge. Officials in Perryville and Cecil County said they are close to finishing a deal for a $200 million waterpark resort on a site next to the Hollywood Casino in Perryville. The development is expected to open by summer 2022. The proposed resort will feature an indoor/outdoor waterpark, climbing

Imagine Hotels and Resorts is partnering with Hasbro to develop a themed indoor waterpark resort, set to open in 2022. While the location has yet to be named, the resort will feature themed hotel rooms and entertainment, an indoor water park and experiences inspired by Hasbro brands, including My Little Pony, NERF, Monopoly, Mr. Potato

Great article from Hotel News Now that looks at the possible challenges facing hotel financing over the next decade: Published by: Zak Selbert/Hotel News Now Published date: December 2018 This economic cycle has been long by historical standards. Hotels have been improving their performance for ten years straight, despite headwinds including Airbnb, oversupply, rising costs

Congratulations to our client, VisitFrisco and the Frisco Economic Development Corporation on the announcement that the PGA of America is moving its headquarters from Palm Beach County, Florida, to Frisco, where it will anchor a 600-acre, mixed-use development with an initial investment worth more than a half-billion. Part of the development will include an Omni

H&LA’s Joseph Pierce, MAI and Nuresh Maredia attended the IAAPA conference in Florida. Here are a few takeaways from the conference: IAAPA introduced its new brand as the Global Association for the Attractions Industry.  The brand is intended to communicate the diversity of the attractions industry, its forward motion, connection and strength as an industry

Congrats to out client, Typhoon Texas, on their plans for an expansion in 2020! Published by: Mike Parker/Statesman Published date: November 2018 A new restaurant, a new water park attraction and parking lot improvements are part of an amended agreement that has received initial approval between Typhoon Texas and the city’s economic arm. The Pflugerville

H&LA President, David J. Sangree, MAI, CPA, ISHC added some key insights for a Crain’s Cleveland Business article about the Downtown Cleveland and University Circle hotel growth and demand.  STR reports the number of room sold in the Cleveland market has surpassed July of 2016 during the RNC. Published by Stan Bullard/Crain’s Cleveland Business Published

This will be a unique way to finance this project that will be one of the largest indoor waterparks in North America. Published by Miguel Otarola/Star Tribune Published date: October 2018 The city of Bloomington thinks it can build what could be the continent’s largest indoor water park next to the Mall of America, while

After having completed the waterpark feasibility study, H&LA offers congratulations to our client, The Surland Companies, and to the City of Tracy on the $55 million waterpark project! Year-round water park coming to Tracy in 2021 Published by: Lena Howland/ABC10 Published date: October 2018 TRACY, Calif. — The City of Tracy is getting their own

H&LA’s David J. Sangree, MAI, CPA, ISHC is attending two hospitality conferences in October: The International Society of Hospitality Consultants (ISHC) Annual Conference on October 10-13 in Miami Beach, Florida; and the World Waterpark Association (WWA) Annual Symposium and Trade Show on October 23-26 in Las Vegas, Nevada. David will be a speaker at the

H&LA staff celebrated our company anniversary last week with our annual beach party… Here’s to the last 13 years and to many more to come! It’s a pleasure to work with such a great group of people!

The hotel industry will continue to boom as according to a new national report from Marcus & Millichap, strong employment growth and rising confidence levels will keep hotel  occupancy at a record high and support further RevPAR growth. Published by Brian J Rogal/GlobeSt.com Published date: September 2018 When the US economy accelerates, business travel and

Amusement Today’s The Golden Ticket Awards are presented annually to honor the “Best of the Best” in the amusement industry and are calculated from an international poll. The asks experienced amusement park voters around the country and world to rate the “bests” in 23 categories. Congrats to all the winners! CATEGORY WINNER Best Amusement Park